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Dec 28, 2012
12/12
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WUSA
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president obama is scheduled to meet with congressional leaders at the white house this afternoon. senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting wil
president obama is scheduled to meet with congressional leaders at the white house this afternoon. senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is...
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Dec 28, 2012
12/12
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. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding b
. >>> with just four days before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning....
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Dec 28, 2012
12/12
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FBC
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president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new rules to use the internet. the communist country now requires users to provide their real name to service providers. it places a greater burden on web companies. fox sports media group is buying cleveland indians sports channel. it is worth -- it will give fox sports the right to broadcast indian games for ten years. it is owned by news corporation. that is the latest from the fox business network. giving you the power to prosper. ♪ david: who does not know that sweet smell of cinnabon. you follow your noses to the bakery chain nearest store every day. it is not just here in the united states. congratulations, you guys just surpassed 1000 stores. >> our locations are located in shopping and traveling venues. terms of growth in the u.s., but, todd outside as well. russia, the middle east continue to be our largest and fastest growing markets. david: i guess the middle east has a sweet tooth over ther
president obama will meet with congressional leaders in just a few hours from now. right now, the dow is down 72 points. the chinese government is announcing stiff new rules to use the internet. the communist country now requires users to provide their real name to service providers. it places a greater burden on web companies. fox sports media group is buying cleveland indians sports channel. it is worth -- it will give fox sports the right to broadcast indian games for ten years. it is owned...
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Jan 1, 2013
01/13
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MSNBCW
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first of all, let me thank president obama and vice president biden working as a team on behalf of the american people and for showing the extent of patience that they've had to show over these last couple of months and certainly since august of 2011. there's about an a great deal of patience, and i think as the meeting has begun with the vice president he was appropriately respectful of how challenging an effort this was, but more importantly, how important this was for the american people and the trust that was given to him by the president and leader reid to engage with jord leader mcconnell who had heretofore, if you will, joined with the chorus of naysayers not wanting to do figure. right now we are going over what the proposal is to the american people. let me just say this. i spent a lot of time looking at the basic principles of this propos proposal. we pet last evening with the caucus into the evening on the initial details. we can claim victory that we protected the middle class. we have provided at this point the doctor fix was so very important and making sure that a number
first of all, let me thank president obama and vice president biden working as a team on behalf of the american people and for showing the extent of patience that they've had to show over these last couple of months and certainly since august of 2011. there's about an a great deal of patience, and i think as the meeting has begun with the vice president he was appropriately respectful of how challenging an effort this was, but more importantly, how important this was for the american people and...
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Dec 28, 2012
12/12
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KGO
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. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the pu
. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker,...
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Jan 1, 2013
01/13
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FOXNEWSW
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i think in terms of taxes this is probably obama's high water mark. >> bret: it just seems like this is taking a long time for this caucus meeting particularly if all of the signals that were going out to all of the news organizations and all of the statements being made was that the deal is done and we have a deal, a very ecstatic looking vice president biden walking past reporters saying happy new year. you know, it seems like there could be some trouble here even on the senate side before you even get past the hurdle of the house. >> you know, that is absolutely true. i think there is no question and we saw this actually earlier today even as the outlines were taking shape a number of democratic senators came to the senate floor and talked badly said this is not a bill that they would have signed and some even so far to say look this is not a deal we should accept and then tom thought we should go over the fiscal cliff and start from the standpoint when rates have gone up everywhere and then start and deal with rates after you have all of the new revenue coming in and sort of star
i think in terms of taxes this is probably obama's high water mark. >> bret: it just seems like this is taking a long time for this caucus meeting particularly if all of the signals that were going out to all of the news organizations and all of the statements being made was that the deal is done and we have a deal, a very ecstatic looking vice president biden walking past reporters saying happy new year. you know, it seems like there could be some trouble here even on the senate side...
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presidency has been a lists of sore forced crisis ease i was in a room an off the record meeting with the hill staffers when this deal was sort of being given to them and a very senior guy gainers office said that basically the president is exactly where we want him that was august of two thousand and eleven and here we are now everyone assumed that the debt limit would at least go until february and geitner just before we went on the air sent a letter to congress saying that we're actually going to run out of cash on monday which is probably the real reason why the president came home well i think republicans. at the time boehner saying that thought that president obama was going to win reelection i mean i think that was their whole their whole strategy for the last four years i would think half the people in the studio right now thought the public is going to lose that election and then if romney had won and then the republicans had taken the senate then america would have been reborn and it be a whole new set of issues that we would have been rude to reborn as a because here we are
presidency has been a lists of sore forced crisis ease i was in a room an off the record meeting with the hill staffers when this deal was sort of being given to them and a very senior guy gainers office said that basically the president is exactly where we want him that was august of two thousand and eleven and here we are now everyone assumed that the debt limit would at least go until february and geitner just before we went on the air sent a letter to congress saying that we're actually...
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Dec 28, 2012
12/12
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FOXNEWSW
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president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment the last chanter in an extraordinary olive of service. general schwarzkopf was one of the most well known commanders in modern mill tare arery history. >> he most certainly was. his command of the gulf war inspired me to become a war correspondent. although he had a long connection with that region. he was obviously -- famous for being commander of the forces during the golf war. he had gone to school in tehran and iran as a kid. they were stationed there. schwarzkopf guided military school before serving in the south vietnamese airborne division. by the time he was a lieutenant colonel he distinguished hims
president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment...
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Dec 28, 2012
12/12
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FBC
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president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration official, that president obama offered what he detailed in the speech a week ago keeping tax rates where they are for families earning less than $250,000 a year, extending long term unemployment insurance policy, and that bit of detail he gave a week ago in a speech is basically derived from the larger deficit proposal offered over, really, the last couple years as president of the united states. we're waiting whether or not in the meeting, lasting an hour at the white house, started at 3:10, is whether or not they made progress towards changing that proposal in a
president obama meeting with the leaders at the white house. misreporting going on that the president had a new deal, looked like progress was made. no. the president had the same deal that republicans walked away from about a week ago, if you call it a deal, the deal is that he won't tax people higher above the 400,000 mark. shibani: the meeting still going on, rich edson live at the white house with the latest details. what do we know now, rich? >> what we got from an administration...
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Dec 27, 2012
12/12
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FBC
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obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very rigid man and a very rigid group of guys over at the house be willing to behave like adults and compromise? so far we haven't seen any vacation adult behavior from either group. gerri: what you said about how you took some sort of confidence the house was coming back also encourage the stock market today. maybe they might get something. appreciate your time, have a great new years. gerri: take care. >> thank you. gerri: when we come back, how does he jump the fiscal cliff talks? and some new years resolutions on congress. we will be right back. excuse m
obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very...
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Dec 28, 2012
12/12
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KQED
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with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more. >> holman: ray suarez talks with jay hancock of kaiser health news about the year in health care and what changes in coverage can be expected next year. that's on our health page. on making sense, liberal economist and columnist paul krugman has a mea culpa moment, admitting to a mistake he made. and our own paul solman admits to a few as well as we come to the end of 2012. and you can look back at some of the most striking and oddest images captured by photojournalists this year. all that and more is on our web site newshour.pbs.o
with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more....
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Dec 28, 2012
12/12
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WJLA
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president obama will meet with congressional leaders this afternoon at the white house. the goal is to end the stalemate and reach a deal. now the latest. >> president obama will meet with congressional leaders later today at the white house. it may be too late for deal. does the four days left before the deadline. >> i have to be honest, mr. president, iti don't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a dictatorship. >> he seemed to care more about keeping his speakership than keeping the nation on sound financial footing. >> republican leaders blamed the democrats and say there are limits to a compromise. >> republicans should not have to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama flew home early from his vacation yesterday. speaker braoehner call the house back into town. but they understand their actions may not be enough to appease the american people. >>
president obama will meet with congressional leaders this afternoon at the white house. the goal is to end the stalemate and reach a deal. now the latest. >> president obama will meet with congressional leaders later today at the white house. it may be too late for deal. does the four days left before the deadline. >> i have to be honest, mr. president, iti don't know how it can happen now, why. >> the senate majority leader last out at john boehner, accusing him of running a...
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Dec 30, 2012
12/12
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on sunday on "meet the press" david will interview president obama. >>> up next, whatever became of john boehner? now he can't get his own house to approve his plan b and mostly on the sidelines, a mutual observer watching the fiscal cliff negotiations with the rest of us. this is "hardball." [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. ahh, cloudy glasses. you didn't have to come over! easy. hi. cascade kitchen counselor. look! over time, cascade complete pacs fight film buildup two times better than finish quantum to help leave glasses sparkling. cascade. the clear choice. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the gre
on sunday on "meet the press" david will interview president obama. >>> up next, whatever became of john boehner? now he can't get his own house to approve his plan b and mostly on the sidelines, a mutual observer watching the fiscal cliff negotiations with the rest of us. this is "hardball." [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps...
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Dec 28, 2012
12/12
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CSPAN
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i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being senate majority leader is you get to decide what comes to the floor and what does not. that's what makes him such a powerful figure. it's a complaint with your often from republican leaders in the house is the senate legislation that would help the deficit, in their view, would create more jobs, and the democrats incentive not acted. the democrats in the senate say they are partisan bills that don't have democratic support and we disagree with what their impact would be, so we are not going to vote on them. that's why the majority leader harry reid -- or senate leader harry reid will
i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being...
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Dec 30, 2012
12/12
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. >>> and coming up, david gregory's interview with president obama on "meet the press." our special coverage will continue after this. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >>> with the clock winding down to the fiscal cliff, no one is even talking about a grand bargain anymore
. >>> and coming up, david gregory's interview with president obama on "meet the press." our special coverage will continue after this. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no...
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Dec 28, 2012
12/12
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FOXNEWSW
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we just got news that president obama was going to meet or a phone call meet with some business leaders. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a regular scheduled meeting not to say we're going over the fiscal cliff. >> the president won't be doing this but the white house will be. >> that's right. it will be interesting to see if we get response out of this. people in the meeting with the president could come to the microphones. so could c.e.o.s. >> we wanted to let you viewers know we're going to monitor the white house. we have two cameras focused on the white house waiting for the leaders to leave and specifically see if they approach a microphone and camera and let us know what's going on. we'll take that if we get that. thank you, gerri willis. >> you know how he protected other nation's border but wait until you hear how sheriff aarpaio wants to protect our schools. he's here next. blah >>> you're looking live at the white house just outside the white house, senator john kerry, for some reason he's outside the white house. insid
we just got news that president obama was going to meet or a phone call meet with some business leaders. >> right. the white house calling c.e.o.s, a regularly scheduled meeting. presumably it's a regular scheduled meeting not to say we're going over the fiscal cliff. >> the president won't be doing this but the white house will be. >> that's right. it will be interesting to see if we get response out of this. people in the meeting with the president could come to the...
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Jan 1, 2013
01/13
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he will be going to the democratic house caucus meeting at 12:15. and part of that is going to be talking to democrats and saying, here's why we should be proud of the deal we cut. some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering what house republicans would accept. he didn't obviously want his republicans to be kind of joining in on something that didn't have a chance of passing the house. but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to
he will be going to the democratic house caucus meeting at 12:15. and part of that is going to be talking to democrats and saying, here's why we should be proud of the deal we cut. some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering...
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Dec 28, 2012
12/12
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WRC
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obama said the meeting was good and constructive. >> the one thing the american people should not have to wait and see is some sort of action. if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor and i've asked senator reid to do this, put a bill on the floor that makes sure taxes on middle-class families don't go up, unemployment insurance is still available, and that lays the groundwork then for additional deficit reduction and economic growth steps that we can take in the new year, but let's not miss this deadline. that's the bare minimum we should be able to get done. >>> senate leaders say they hope to reach a compromise that could be presented to lawmakers by sunday, a little more than 24 hours before the deadline. >>> and don't miss "meet the press" on sunday morning. david gregory will interview president obama exclusively just hours before the fiscal cliff deadline. "meet the press" airs at 10:30 on monday morning. >>> police locked up tonight after a brazen crime spree. as jack write benson reports, one of the victims had choi
obama said the meeting was good and constructive. >> the one thing the american people should not have to wait and see is some sort of action. if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor and i've asked senator reid to do this, put a bill on the floor that makes sure taxes on middle-class families don't go up, unemployment insurance is still available, and that lays the groundwork then for additional deficit reduction and economic...
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Dec 28, 2012
12/12
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MSNBCW
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president obama meeting behind closed doors with house speaker boehner, senate majority leader harry reid and senate minority leader mitch mcconnell talking about doing something to keep more than trillion dollars in tax increases and cuts from taking effect next week. also joining that party today, america's happy warrior. vice president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our ideas and in the senate, you're right. we probably another 40, 50, 60 of saying that we're ready to both raise revenues and control entitlements. when's the missing ingredient? it is presidential leadership. >> i think in the end we'll get a deal. the question is the timing. >> am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle class people. >> it's pretty apparent that we are not going to do what we've been called to do. this is 112th congress. we have had two years to deal with quote the fiscal cliff. >> let's bring in our man at the wh
president obama meeting behind closed doors with house speaker boehner, senate majority leader harry reid and senate minority leader mitch mcconnell talking about doing something to keep more than trillion dollars in tax increases and cuts from taking effect next week. also joining that party today, america's happy warrior. vice president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our...
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Dec 28, 2012
12/12
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WJZ
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with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more. >> holman: ray suarez talks with jay hancock of kaiser health news about the year in health care and what changes in coverage can be expected next year. that's on our health page. on making sense, liberal economist and columnist paul krugman has a mea culpa moment, admitting to a mistake he made. and our own paul solman admits to a few as well as we come to the end of 2012. and you can look back at some of the most striking and oddest images captured by photojournalists this year. all that and more is on our web site newshour.pbs.o
with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more....
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Dec 28, 2012
12/12
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KPIX
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. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i don't think that'
. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this...
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president obama was a guest on "meet the press." let's listen. >> 75% of the congressmen come from gerrymandered districts in which they are bullet proof. they don't go home and have to prove their case because they have a choir back home. >> i think it has been very hard for speaker boehner and republican leading mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> in a statement house speaker john boehner shot back writing americans electedt president obama to lead, not to cast blame. the president's comments today are ironic as a current theme of negotiations is an unwillingness to agree to anything that would required him to stand up to his own party. does it look like the president and speaker are closer to mending fences? >> it doesn't. the president i think was seen by both parties in some respects as a bit of a pushover during the debate about the debt ceiling and frankly going back two years exactly now around extending the bush tax
president obama was a guest on "meet the press." let's listen. >> 75% of the congressmen come from gerrymandered districts in which they are bullet proof. they don't go home and have to prove their case because they have a choir back home. >> i think it has been very hard for speaker boehner and republican leading mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> in a...
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. >> president obama called leaders last night and tomorrow afternoon we will meet with the speaker and mix mcconnel and harry reid to see if they can avoid going off the fiscal curb on january 1st. today harry reid emphasized that there is ome one reason why they are unable to reach an agreement so far. >> this has been going on for years. they cannot cross over the threshold. people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he passed over there. he said no, can't do that. didn't he bring it up for a vote? >> tonight, speaker boehner's office put out this statement. >> joining me now are our guests. clearly the positioning game continues. harry reid saying we did our job months ago. do you think we til would be@posturing stage at the end of that white house meeting tomorrow? >> in your introduction you made the fundamental point here which is that this agreement before the end of the year, simply cannot go forward unless john by nor is willing to let it do so with majority democrats in the house. if we go over the curve as you put i
. >> president obama called leaders last night and tomorrow afternoon we will meet with the speaker and mix mcconnel and harry reid to see if they can avoid going off the fiscal curb on january 1st. today harry reid emphasized that there is ome one reason why they are unable to reach an agreement so far. >> this has been going on for years. they cannot cross over the threshold. people are not propose iing mak the taxes like them. john boehner could not even pass the tax proposal he...
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. >> president obama was on meet the press this morning, taking his argument to the american public. how effective is this, and one could say shouldn't he be talking to lawmakers directly? >> he did talk to lawmakers before. right now his representative, joe biden, was in the senate for a very long time, is trying to forge a deal with mitch mcconnell. they've had a successful partnership in the past, and harry reid, the majority leader, seems to go along with that. so maybe the outlines of a deal can be between those two principals. then again, we have john boehner, speaker of the house, has to control his own republican party. what happens if mcconnell and biden create a minimal deal and boehner can't sell it, then we're back to square one, which is failure. >> right. which boehner couldn't do with his plan b a couple of days ago. >> that's right. >> the question is, if some deal should be reached, i'm not expecting something that's overreaching, something large, is it short-term? >> very short-term. and then i'm sorry to be the dispenser of bad news, we have the whole fiscal cliff
. >> president obama was on meet the press this morning, taking his argument to the american public. how effective is this, and one could say shouldn't he be talking to lawmakers directly? >> he did talk to lawmakers before. right now his representative, joe biden, was in the senate for a very long time, is trying to forge a deal with mitch mcconnell. they've had a successful partnership in the past, and harry reid, the majority leader, seems to go along with that. so maybe the...
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eric: way in on the increased revenues, president obama coming back and saying no, get those fo or free. >> i've only been through this three times.s to reagan put tax increases on the table, democrats took the tax increases and spending went up. bush was offered $2 for tax increases for every dollar of, $2 of, spending cuts, spending cuts never happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on th
eric: way in on the increased revenues, president obama coming back and saying no, get those fo or free. >> i've only been through this three times.s to reagan put tax increases on the table, democrats took the tax increases and spending went up. bush was offered $2 for tax increases for every dollar of, $2 of, spending cuts, spending cuts never happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to...
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meeting this the red room, president obama held firm for tax cuts for families making up to $250,000 per year, and joining me on the north lawn of the white house is kristen welker. kristen, let's listen to what the president said about and up or down vote or what he expects from the senate. >> i had a good and constructive discussion here with the leadership about this tax hike on the middle-class. i am optimistic that we can reach an agreement that will be passed in both houses. if an agreement is not reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor and up or down vote for the floor, and i believe a p proposal could pass both houses with majorities as long as the leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. >> kristen, this up or down vote seems to be be the big news of the day, and isn't this what the white house wanted all along? >> well, it is. it is prp's way of saying, look, vote on his basic proposal, the proposal th
meeting this the red room, president obama held firm for tax cuts for families making up to $250,000 per year, and joining me on the north lawn of the white house is kristen welker. kristen, let's listen to what the president said about and up or down vote or what he expects from the senate. >> i had a good and constructive discussion here with the leadership about this tax hike on the middle-class. i am optimistic that we can reach an agreement that will be passed in both houses. if an...
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obama has with big congressional leaders. they came out and talked a lot about optimism. from that moment on, the dow went up 800, 850 points. a slow, steady climb until early last week when speaker boehner backed utah of the bipartisan talks, goes to plan b and it blows up. now you can see, we're down about 350, 360 points since plan b got introduced. the markets are now starting to believe that we might not get a deal at all, at least into next year. >> chris, what is all this nonsense surrounding a proposal of the white house allegedly sent to senate republicans and now they're denying. do you think anything about that? and are we slated to be in on new year's eve? >> i have talked to some senate dems right before i came down and they told me that they had not been told about the white house at all about any plan coming up and it looks like the sources there on that report may have been a little bit confused. about but i think what we're watching, luke, is a slow motion car wreck. i think we're going through the motions he
obama has with big congressional leaders. they came out and talked a lot about optimism. from that moment on, the dow went up 800, 850 points. a slow, steady climb until early last week when speaker boehner backed utah of the bipartisan talks, goes to plan b and it blows up. now you can see, we're down about 350, 360 points since plan b got introduced. the markets are now starting to believe that we might not get a deal at all, at least into next year. >> chris, what is all this nonsense...
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tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of the house and senate have met in person since november 16. >> time to get it done. >>> secretary of state hillary clinton will be back to work next week after three weeks off after a concussion she suffered when she fainted fighting a stomach virus. she is looking forward to resume her schedule, including testifying before congress about the deadly attack on the u.s. consulate in libya last september. >>> retired general known as "stormin' norman" has passed away. norman schwartzkopf died of complications from pneumonia yesterday in his home in florida. he was raised in the army and spent his life in fact military of. while in vietnam he famously rescued a wounded soldier by marking land mines with shaving cream. of course later he commanded the american led coalition in the iraq war. schwartzkopf was 78. >>> time now 6:10. families torn apart before they even meet their children. the political issue causing russia to ban american adoptions. >> plus it happened aga
tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of the house and senate have met in person since november 16. >> time to get it done. >>> secretary of state hillary clinton will be back to work next week after three weeks off after a concussion she suffered when she fainted fighting a stomach virus. she is looking forward to resume her schedule, including testifying before congress about the deadly...
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president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,
president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to...
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president obama meets with congressional leaders this afternoon. democrats and republicans both say a deal at this point would probably extend bush era tax cuts for most persons and raise taxes on the country's top earners. it could include an extension of long-term unemployment benefits, spending cuts would also be postponed. >>> house speaker john boehner will be at today's meeting. he says the house will convene for a rare sunday evening session. eric cantor says the house could be in session until january 2nd. that's the day before the new congress is sworn in. boehner, meanwhile, still maintains that it's up to the senate at this point to make the first move. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is re
president obama meets with congressional leaders this afternoon. democrats and republicans both say a deal at this point would probably extend bush era tax cuts for most persons and raise taxes on the country's top earners. it could include an extension of long-term unemployment benefits, spending cuts would also be postponed. >>> house speaker john boehner will be at today's meeting. he says the house will convene for a rare sunday evening session. eric cantor says the house could be...
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president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate, because the democrats haven't been willing to consider the issue of spending. >> i want to bring in perry bacon and it edward keith. most of that was just from today. is this meeting to hash out details or perhaps to save face bhf we go over the cliff? >> i would argue today's meeting is they actually thing the outlines of a deal are possible. the president will push today for some agreement in which the middle-class tax cuts are extended for everyone, while the higher rates go up, we also put off the rest of the details for later. the president is pushing for something. that said the optics are important because
president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate,...
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president obama, vice president biden, mcconnell, pelosi and reid and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some spending. what are you hearing? >> reporter: well, hearing a lot of different things right now. one of the items and ruled by rumor and then denials and frustrations, toure. we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he ini
president obama, vice president biden, mcconnell, pelosi and reid and boehner are meeting to discuss the fiscal cliff. we are hearing the president's planning to present a smaller offer. for the latest, we bring in peter alexander from the white house and mike viqueira from capitol hill. peter, let's talk about what's going on at the white house meeting. i hear senators are optimistic about a mini deal which, of course, will raise taxes on those above $400,000. expand the amt, cut some...
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here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins us. you said it is a total dereliction of duty at every level. >> we still haven't even behe gun to deal with the issues causing the fiscal insolvent say we are facing and that is the entitlements. nothing has been discussed. it is not on o the table. we are not going to deal with it this year. it will be the issue we deal with running into the debt ceiling around mid march to the economy will continue to have a pail over it because we have not dealt with the issue that our nation needs to face up to right now. >> greta: shouldn't the american people b
here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins...
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we expect president obama to be briefed on that meeting as well. vice president biden played a key role in negotiations. i am getting details from democratic source who's say the president has played an important role as well. working the phones. apparently last night after vice president biden had spoken to mcconnell, he, the president, a number of staffers met from 1:00 a.m. until 1:45 and sort of hammered out the final details of this deal and then their staffers were up until way past 3:30 this morning. this is something that has been going on overnight while a lot of people have been sloping on the white house and that is the latest we've been hearing. the president waiting to be briefed in the meeting with vice president biden. the big takeaway seems to be no democrats really voiced opposition to what the violation president was saying. it seems like it will get a lot of support. milissa. >> what is your sense -- first of all, this bill will be the product of a lot of compromise. and a lot compromise that people disagree with. it's not over t
we expect president obama to be briefed on that meeting as well. vice president biden played a key role in negotiations. i am getting details from democratic source who's say the president has played an important role as well. working the phones. apparently last night after vice president biden had spoken to mcconnell, he, the president, a number of staffers met from 1:00 a.m. until 1:45 and sort of hammered out the final details of this deal and then their staffers were up until way past 3:30...
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so president obama at this hour waiting to see what comes out of the meeting with vice president joe biden and democrats. he and the white house feel confident moving forward with this deal, they believe it is a good deal and believe it has a strong chance of passing the senate. and then ultimately through the house, melissa? >> do you think there is a chance we may actually hear from the president tonight? >> reporter: i think that is unlikely as this hour. i also think it is unlikely before both chambers take a vote. i think that what is more realistic, and we have not gotten any guidance, the white house not weighing in on this, at all. but i think if we had to guess i would say we would probably hear from him tomorrow as opposed to tonight. it is getting late. and of course the talks are ongoing. and there is a lot of process that has to unfold before folks go to bed tonight. so i think that the more likely scenario, if it moves through both chambers, will be tomorrow if it actually does. >> kristen welker, and we have lots more, and what appears to be a last-minute breakthrough
so president obama at this hour waiting to see what comes out of the meeting with vice president joe biden and democrats. he and the white house feel confident moving forward with this deal, they believe it is a good deal and believe it has a strong chance of passing the senate. and then ultimately through the house, melissa? >> do you think there is a chance we may actually hear from the president tonight? >> reporter: i think that is unlikely as this hour. i also think it is...
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can meet somewhere and cut down -- cut the road somewhere in the middle. and save this country from the uncertainty, the uncertainty that plagues us right now. in the olden days, a long time ago, i was a stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors cannot take is uncertainty. if they no taxes are going up, they will be figure things. if they no taxes are going down, they will figure things. if they now taxes are staying the same, they will figure it out. right now it they are frozen -- they do not know. families are also in many ways frozen. they do not know whether they have to budget so that they will have $2,000 less next year. they do not know whether it will be $4,000. they do not now. the uncertainty is the fault of leaders who cannot get together. i think it is critical that we get a deal. i hope in the next couple of hours. to me -- somebody asked me, what is the difference if you get it now or five days from now? i say the difference is the uncertainty, this pall, an unnecessary and es
can meet somewhere and cut down -- cut the road somewhere in the middle. and save this country from the uncertainty, the uncertainty that plagues us right now. in the olden days, a long time ago, i was a stockbroker. i was an economics major and a stockbroker on wall street. the thing wall street and investors cannot take is uncertainty. if they no taxes are going up, they will be figure things. if they no taxes are going down, they will figure things. if they now taxes are staying the same,...
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. >> president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will home early from his hawaii in vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> the fiscal cliff will bring massive tax increase
. >> president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound...
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. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are again
. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because...
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this meeting this afternoon in just a few minutes. >> the stock market beginning to move up. as we get clearly some progress. john, for the moment in washington, thank you. let's check in with chicago and rick in the pits. rick? >> thanks, simon. >> of course the ten-year note yield followed and was totally shadow boxing with the stock market all day and that makes sense. you can see the basis points at 1.75. down from where it was last year on this day. if you look at them both together within ten-year with along with the dow jones, can you clearly see the correlation there. stories are in effect for 2012. dollar index surprisingly is getting close to unchanged on the years. can you see. we close last year around 8017 but there is one market nowhere near where it was last year, the dollar yen. last year under 77. now it is 86 2/3. which means the dollar is up 13% against the yen in one year and a special wish for former first lady barbara bush, and george walker bush, a very happy new year and to all our viewers. >> rick, well said, thank you very much. >> rick santelli ther
this meeting this afternoon in just a few minutes. >> the stock market beginning to move up. as we get clearly some progress. john, for the moment in washington, thank you. let's check in with chicago and rick in the pits. rick? >> thanks, simon. >> of course the ten-year note yield followed and was totally shadow boxing with the stock market all day and that makes sense. you can see the basis points at 1.75. down from where it was last year on this day. if you look at them...
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there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax hikes and no spending cuts. in fact, we will spend even more as a result of this deal." guest: i think democrats are coming out on the losing end. the rates have already gone ou up. they are essentially agreeing to a tax rate and not getting any spending cuts for it. between now and around two, they will get beat up by a lot of their members. there will be sweating through this vote today. host: we have a tweet from bill king. thomas, you are on the air. caller: good morning. happy new year. we say that most of the politicians are looking down the road at the 2014 election. they had to v
there is a lot of the senators who went into the meeting saying, we cannot go for this. host: we have a tweet. guest: i believe it will but not as much as everybody hoped. obama was asking for $1.2 trillion. there was a major concession on the estate tax. they ended up agreeing to a $5 million cut off and a 40% taxation rate. that is a significant chunk of revenue. host: it seems republicans are nervous as well. this is a conservative blog. "it is an enigmatic riddle for you. you get tax...